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Exchange Rates

S/E/281. Approaches to balance of payment crisis

WORDS:
1900
DATE:
2011
PRICE:
19.99 GBP

The paper examines approaches to the balance of payment (BOP) crisis discussing the policy of expenditure switching, devaluation of the currency, exchange rate policy, etc. The origins of BOP are explained, the best method to deal with BOP is highlighted.

 

KEYWORDS: balance of payment, BOP, expenditure switching, devaluation, exchange rate,

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